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Banks, power finance and infrastructure to lead next leg of market rally: Pankaj PandeyIndia's banking sector is poised for a rally, fueled by robust credit growth, easing deposit pressures, and stable asset quality, according...
Stocks in news: Lenskart, PFC, RIL, Hindustan Zinc, Tata ConsumerIndian markets saw volatile trading on Wednesday, closing slightly down. Lenskart, PFC, RIL, Hindustan Zinc, and Tata Consumer are in focus...
India’s protein boom runs into a whey crisis as prices surge 4X, shortages loomProtein-rich foods are becoming more expensive in India. Global supply issues and rising demand are pushing up the cost of whey, a key ingr...
PFC shares slip 3% in 2 days after Q2 results despite moderate YoY profit growthPFC share price has seen a decline over 2 days after reporting Q2 FY26 results, as modest 2% profit growth failed to impress investors. Whi...
RBIs latest policy measures are big relief for NBFCs and infra lending NBFCs: Morgan StanleyThe Reserve Bank of India's October policy measures offer major relief to non-banking financial companies. A Morgan Stanley report confirms...
PFC Q1 Results: Cons PAT zooms 25% YoY to Rs 8,981 crore, revenue rises by 15%; dividend declaredPower Finance Corporation reported a 25% YoY rise in Q1 FY26 net profit to ₹8,981 crore, with revenue up 15.5%. It also announced a ₹3.70 i...
Q3 results today: HAL, Ashok Leyland among 501 companies to announce earnings on WednesdayThe third quarter earnings season sees key companies like Ashok Leyland, Siemens, and others announcing results. Ashok Leyland is predicted...
Buy Power Finance Corporation, target price Rs 560: Motilal Oswal Financial ServicesMotilal Oswal Financial Services has issued a buy call for Power Finance Corporation (PFC) stock, setting a target price of Rs 560. This po...
PFC shares jump 7% post Q2 results; Brokerages maintain bullish outlookPFC Share Price: Power Finance Corporation shares rose 9% after reporting a 9% increase in Q2 profit, driven by higher revenues and loan gr...
IREDA’s IPO offers a renewable play on climate needs, so does a crowd of peersWith a loan book size of Rs 47,515 crore, IREDA lends to the sole sector of renewable energy in India thereby making it the country’s large...
Breakout Stocks: How one should trade Welspun Corp, PFC and JB Chemicals on FridaySectorally, buying was seen in realty, auto, healthcare, and utilities while FMCG, oil & gas, IT, and consumer durable stocks saw some sell...
REC sets Rs 35,000 crore revenue target for 2020-21During the first quarter of 2020-21, REC has achieved an all-time high profit of Rs 1,839 crore. Revenue from operations for the quarter wa...
Buy Power Finance Corporation, target price Rs 151: ICICI SecuritiesBuy Power Finance Corporation Ltd. at a price target of Rs 151.0 .
PFC completes REC acquisition, hopeful of merger in 2019-20The transaction assumed significance because it helped the government meet its disinvestment target of Rs 80,000 crore for the current fina...
State discoms lower losses in FY16, improve cost coverageAs many as 26 of the 41 power distribution entities posted improvement in their aggregate technical and commercial loss (AT&C) levels in 20...
Panel set up to look into rising NPAs of power PSUsA senior PFC executive said the company’s gross NPAs stood at Rs 7,519 crore of the total loan assets of Rs 238,920 crore as on March 31 th...
PFC Q3 net profit rises 2.6 per cent to Rs 1,582 croreThe interest income increased by 9.3 per cent to Rs 6,870.58 crore against Rs 6,284.26 crore in the corresponding quarter of the previous f...
S&P revises outlook on ten Indian companies to 'stable' from 'negative'We believe there is an "almost certain" likelihood of extraordinary government support to these GREs," S&P said.
Rising net interest margins, low exposure to State Boards like Power Finance Corporation bode wellState-owned power financier has many factors going in its favour, including RBI’s largesse of lower risk weights, thus lowering fund cost.
- Sasan not part of Globeleq's global sale process
Amidst reports of Globeleq pulling out of Sasan, the British power investment firm said on Wednesday that the ultra mega power project does...